Energy Transfer - ET Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last year. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ET shares.
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7 Wall Street research analysts have issued 1-year price targets for Energy Transfer's shares. Their ET share price forecasts range from $14.00 to $18.00. On average, they anticipate the company's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price.
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Energy Transfer's stock was trading at $11.87 on January 1st, 2023. Since then, ET shares have increased by 10.1% and is now trading at $13.07.
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Energy Transfer saw a decrease in short interest during the month of December. As of December 30th, there was short interest totaling 75,530,000 shares, a decrease of 5.6% from the December 15th total of 80,050,000 shares. Based on an average trading volume of 15,220,000 shares, the short-interest ratio is currently 5.0 days. Approximately 3.1% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our ET earnings forecast.

Energy Transfer will be holding an earnings conference call on Wednesday, February 15th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Energy Transfer LP (NYSE:ET) announced its quarterly earnings data on Wednesday, November, 3rd. The pipeline company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by $0.05. The pipeline company had revenue of $16.66 billion for the quarter, compared to analyst estimates of $14.96 billion. Energy Transfer had a net margin of 5.02% and a trailing twelve-month return on equity of 13.01%. During the same quarter in the previous year, the business posted $0.30 earnings per share.

Energy Transfer declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Tuesday, February 7th will be given a dividend of $0.305 per share on Tuesday, February 21st. This represents a $1.22 dividend on an annualized basis and a dividend yield of 9.33%. The ex-dividend date of this dividend is Monday, February 6th. This is an increase from the stock's previous quarterly dividend of $0.27.
Read our dividend analysis for ET.

Energy Transfer (NYSE:ET) pays an annual dividend of $1.06 per share and currently has a dividend yield of 8.09%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 79.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ET will have a dividend payout ratio of 74.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ET.

Energy Transfer's stock split before market open on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly created shares were distributed to shareholders after the market closes on Thursday, June 12th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

109 employees have rated Energy Transfer Chief Executive Officer Kelcy L. Warren on Glassdoor.com. Kelcy L. Warren has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD), AT&T (T), Targa Resources (TRGP), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Ford Motor (F) and Verizon Communications (VZ).

Energy Transfer trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET."

Energy Transfer's stock is owned by a variety of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (0.52%), Stephens Group LLC (0.18%), Walnut Private Equity Partners LLC (0.06%), Adams Asset Advisors LLC (0.05%), Stephens Inc. AR (0.03%) and Hennessy Advisors Inc. (0.03%). Insiders that own company stock include Bradford D Whitehurst, Bradford D Whitehurst, James Richard Perry, Kelcy L Warren, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray C Davis, Ray W Washburne, Richard D Brannon, Thomas E Long and Thomas P Mason.
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Shares of ET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ET stock can currently be purchased for approximately $13.07.

Energy Transfer (NYSE:ET) has a market capitalization of $40.37 billion and generates $67.42 billion in revenue each year. The pipeline company earns $5.18 billion in net income (profit) each year or $1.34 on an earnings per share basis.

The company employs 12,558 workers across the globe.

Energy Transfer's mailing address is 8111 Westchester Drive Suite 600, DALLAS TX, 75225. The official website for the company is www.energytransfer.com. The pipeline company can be reached via phone at (214) 981-0700, via email at investorrelations@energytransfer.com, or via fax at 214-981-0703.